Virtual AI Coin Dip: Buy Now For 85% Gains?

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The excitement surrounding AI-based cryptocurrencies continues to grow, impacting their price fluctuations significantly. One such sought-after crypto is the Virtual protocol, which recently reached an all-time high (ATH) before entering a period of consolidation. Remarkably, renowned crypto analyst Michaël van de Poppe has identified a potentially profitable opportunity during this consolidation phase, suggesting that traders could potentially earn up to 85% returns if they purchased Virtual AI Coin at a specific moment.

Virtual AI Coin Price Struggle Continues, Token Lost 32%

Following a new all-time high of $5.07, the well-liked AI cryptocurrency, Virtual, has moved into a significant period of consolidation, experiencing a drop of 32% since its peak. The market has been influenced by heightened volatility and selling pressure, but things seem to be stabilizing with the recovery of the broader crypto market. Currently, it’s trading at $3.43 with a daily trading volume of $324.8 million, representing a 38% decrease in the past 24 hours. The open interest has also seen a substantial drop from its peak yesterday, currently standing at $255.93 million.

Several experts believe this current phase is just a normal market fluctuation and an excellent moment to invest before prices surge upwards once more. One of these experts has even provided a schedule indicating when it would be best to purchase the Virtual AI token and predicts when its value will go up.

Here’s When To Buy Virtual Protocol For 85% Gains

Based on Michael van de Poppe’s online forecast, traders should anticipate a potential price drop and aim for the $3 level to maximize returns. According to his post, a prior correction at the same point triggered a significant price surge. During that period, the price increased by 85%. Therefore, Michael suggests that investors should step back from the current scenario, focus on the approaching support around $2.50, and consider entering a position when the price reaches approximately $3. This strategy could potentially lead to another substantial price increase similar to the previous instance.

Significantly, he thinks that $2.50-$3 is the optimal price level for sparking an 85% surge. Additionally, significant resistance can be found at $3.50, $4, and $4.71, which will significantly impact the Virtual token’s rally. Above all, a breakthrough above $4.71 could propel the token to reach a new all-time high of $5.79.

What’s Next?

Instead of panicking, analysts view these dips as potential buying opportunities, especially since Bitcoin is trying to surge towards $130k. Similarly, the recent consolidation in the Virtual protocol’s price, which has dropped 32% from its all-time high (ATH), may present an opportunity. Crypto analyst Michaël van de Poppe suggests that traders should focus on the $3 mark as it could serve as a significant support level for a potential 85% rally in the token. This prediction for the Virtual AI coin price is based on a similar trend seen previously, which led to a substantial increase in the token’s value. Therefore, investors should keep an eye on the $3 target but should conduct their own technical analysis and research before making any trades.

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2025-01-17 17:24